The Long Beach Board of Harbor Commissioners has approved an $829 million budget for the Harbor Department’s next fiscal year, including more than a half a billion dollars for capital improvements at the Port of Long Beach.
The budget, which will be presented to the Long Beach City Council for its consideration, designates $555 million for capital investments including the Port’s major terminal redevelopment and bridge replacement projects.
The Harbor Department’s spending plan focuses on strengthening the Port’s competitiveness in order to attract more business, furthering its role as an environmental steward and continuing to improve safety and security.
“Our goal is to build upon the success of the Port of Long Beach by attracting new trade, and with that, new jobs, to Long Beach and the region,” said Harbor Commission President Doug Drummond. “We are moving forward with important improvements that will help this community, by building a greener, more efficient Port of Long Beach.”
The biggest pieces of the capital improvement budget are the ongoing Gerald Desmond Bridge Replacement Project and the Middle Harbor Redevelopment, which is building the greenest container terminal in the world.
Other improvements include sewer and street projects, dredging and rail improvements.